WHY ETHICS?
THE PROBLEM
- Global Financial Crisis has fractured trust in global business community.
- Historically massive fraud schemes, in both size and number, have caused a chasm in business integrity, creating a need for greater transparency.
- Erosion of the most basic principles of corporate responsibility and governance.
- Unprecedented depletion of our natural resources.
- Price fixing, money laundering, and bribery in the global markets.
- Adherence to principles of governance and sustainability not easily verifiable without audit-driven compliance to a standard; current regulatory/legal landscape not broad enough or deep enough to address, monitor, or enforce good governance & sustainability; credit and industry rating agencies subject to strong institutional lobbies, leading to `institutionalized` and systemic conflicts of interest.
- Lack of Third Party Oversight for transparency, corporate responsibility, sustainability and ethics in business; no verification.
THE SOLUTION
- ETHICS SA offers Third Party Oversight and Certification for best practices across all industry sectors.
- Compliance to the ETHICS 21 standard ensures a business and management process that is Third-Party verified.
- ETHICS 21 offers an uncompromising set of standards, applied and measured equally, across any size business or organization.
- ETHICS SA is driven by a zero-tolerance policy in terms of diversion from the standard.
- Compliance to the ETHICS 21 standard ensures alignment of interests across the entire business management cycle, from vendors and business partners, to employees and shareholders.
- The application of the ETHICS 21 standard protects capital value, stakeholders and directors from fraud, unethical and/or illegal activities, and reinforces sustainability throughout the value chain.
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